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with it. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. ♪ ♪ >> greg: dedicated to jasper. on the road last week, i was asked many question, about dana's height and bob's hygiene. a question kept coming up who pushed the video? why
security, medicare entry age raised with sizable entitlement benefits. that's literary where they are. can they get something big or go off the cliff? which a lot of democrats think now is not the worst thing in the world. gambling with the financial markets but hurting the gop and don't have to deal with what democrat told me is this constant utter nonsense that happens every time we have a budget negotiation. >> luke keeps referencing the polling, a "washington post"/pew poll that says 53% of the country will blame congressional republicans if be go over the cliff, 27% blaming the president. he is comfortable with those numbers which is why the swagger is the only word for it today at the business roundtable. >> absolutely. remember this is the second or third poll we've seen, so the republicans have had time to make their case and the public is not buying it. if you're the president, your hand is strengthened. there are polls that show there's a national journal poll people want this balanced approach. you hear the president talk about the balanced approach. yes, it's a great thing they
testing for medicare. >> eric: the problem is everything that -- [ overtalk ] >> eric: everything on the table won't solve the debt problem. >> andrea: that is right. >> eric: won't stop it. >> bob: what will it? >> eric: fiscal cliff will. >> andrea: the plan that the democrats put forward is to give tax breaks to business owners. these are gimmicky schemes. cola adjustment. to it is not going to do anything. it's a p.r. stunt to go around the country to say look at what we put forward. >> eric: $345 billion -- >> andrea: for cancer. >> bob: that is a tylenol? man, getting expensive. >> greg: the only way to the problem is for americans to become educated on how to cut spending. how you eliminate the tax deductions and expand the tax base so that you can increase the revenue without punishing segment of society. that doesn't it in the simp sob cartoon. they couldn't articulate that in a comical way. we are run by liberals who never spent a dollar they couldn't spend twice. obama could be a great foreign policy president if he pretended the enemies are rich americans. >> bob: you
benefits messed with, we don't want to see the medicare eligibility age raised, we don't want to see these entitlements cut with medicare cuts. when we hear that, is that basically not getting in the ears of what john boehner's caucus has in front of them right now? they're just not paying attention to those facts on the table? >> you're exactly right. it's not reality. the simple math doesn't add up. i use the analogy, it's like going tos an fast food chain and, there's calories involved in that, you might gain a little bit of weight. >> not if nobody sees you eat it. >> at the end of the day you know what you ate and you're going to gain the weight. the fact of the matter is it's simple arithmetic here. when you take a look at entitlement reform that, is the real driver here to bring down our deficit and to bring fiscal sanity back to washington, d.c. as it relates to medicare, as it relates to social security. that's the real conversation that we as the american people need to have around our kitchen tables. >> an interesting note to point out amid this debt crisis going on, new j
'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >> greg: hello, i'm the pint-size babbleer, greg gutfeld with the sleek greek yangian, he's the teddy bear of class warfare, bob beckel. he once sold black gold. eric bolling. she ties her shoes with rainbows. it's dana perino. 5:00 in new york city. 3:00 a.m. in bill o'reilly fort made of ties. this is "the five." ♪ ♪ >> greg: something costas won't understand. in texas, burglar called 911 because he was held at gun point in th by the owner of thee he tried to invade. when asked what he was doing there, he said just unlucky i guess. after trapping the thief in his truck, james told his son if he gets out, shoot him in the legs. which in texas is a warning shot. what is uny for the thug is -- unlucky for thug is luck for us. 47% said they skipped committing a crime because of fear of an
standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ i'm glad you came >> not everybody's glad she came. you're loo
, means testing on taxes? medicare for more affluent recipients, excluding my wife? >> let me just say that we would support a balanced approach, and it is important to point out, as senator warner did, that we have done over $1 trillion in cuts in the next 10 years which the president is committed to keeping. with respect to medicare, we do have a very different approach to dealing with medicare. there is no doubt we have to bring down medicare health-care cost growth. the difference is that we believe we should expand on the kind of reforms that we made in the affordable care act, where we achieved billion about $716 billion in savings, not simply by across the board provider cuts, but by changing the incentive structure, the way we pay providers so we focus on the value of care, not the volume of care. i think it is ironic that we have gone in the last four weeks from many of our republican colleagues criticizing the president for having done too much in savings on medicare, $716 billion -- their presidential candidate proposed putting that money back in, in other words adding $716
. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has ove
and republicans argue massive spending programs like medicare and social security must be dealt with in any kind of deal if you want to bring count deficit today. south carolina senator republican lindsey graham on that right now. >> social security and medicare are $50 trillion under funded combined. we need to adjust the age of retirement slowly but surely for people independent 55. because we are all living longer, you and i need to pay a little more because we can afford it. bill: senator graham saying he want more than anything else to get the country out of debt. and do it in a permanent way. martha: what would it mean with lawmakers fail to strike a deal. according to the tax policy center, 90% of american would see their taxes go up in 2013. and families making between $40,000 and $65,000 a year would have to pay an extra $2,000 to the u.s. government. that's not going to go down well. bill: we are four week away from going over that cliff as of today. what now, you wonder? kevin mccarthy out of california, he's coming up 60 minutes from now. martha: back to this tragic story we talked a
. olay regenerist. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. >>> republicans woke up to this, the jobless rate is at the lowest rate since 2008. when president obama took office, we were in a job freefall. but now 36 months of straight job growth and five million new jobs in the president's first term. that includes the news today, 146,000 new jobs. it's good news for the economy and good news for the president. president obama's approval rating is at a three-year rate. 53%. and 53% say they tr
conservatives in the party know something about some big reforms on medicare and medica medicare, social security is, any of the retirement or tax issues, but i'll tell you this. i think that all these stories aren't necessarily going lead us to the truth. i personally have a very size way i'm approaching this. the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what? they said, no, no, no, not unless the deal is done. we'll see about that. meanwhile, the house goes away for a lock weekend. all right, rob. what do you think? you think we're going
savings in medicare. so, this is stalemate right now. now, these things always look horrible before they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> and democrats seem to be thinking that, if we go over the fiscal cliff, voters will likely blame the republicans for that. do you think that's true? or are democrats overplaying their hands? >> all of the polls show that right now. no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben bernanke, the fed chairman, fears that it will throw the country into a recession. that would hurt the whole country, of course president obama as well. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. if that indeed happen. >>> the president is also concentrating on recasting his new ca
again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so now's the time. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> we should not be sitting around twiddling our thumbs. the clock is running. we face a fiscal cliff. there are some in this chamber who have said, oh, we need to go off of it. we'll go off of it. we'll pay the price and then we'll finally sit down and do what's right. i would
announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> anderson is back in a moment. i'm susan hendricks with a news and business bulletin. in a televised speech, morsi stood by the upcoming constitutional refe
. no wonder the industry is facing potential cut in medicare, which amounts to about $11 billion. as government debates where to cut, the fact is, half of health care spending in general is done through government programs like medicare. it is the austerity cross hairs. the ceo of the new york presbyterian hospital is with us. give me your concerns or feelings as we approach this fiscal cliff. do you think we'll get a deal done, or are you anticipating we go over the cliff? >> we're americans. we have to get a deal done. this is really important, and it's important for health care. at some point in time, we're going to have to come to grips with the fact there's got to be revenue. you have to have some rate increases, in my opinion. charitable deductions are a non-starter for us. that's a big issue. universities, hospitals, we depend on charity and charitable donations. >> let's stop right there because i want to take one part at a time. the charitable deductions, this is one of those deductions within the tax code that's being debated. that and as well the mortgage deduction. yo
and increases in provider payments. and the concession is likely to be the medicare e eligibility age rises from 65 to 67. medicare eligibility age rises. democrats do not like that idea as nancy pelosi explained yesterday. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? show me the money there. but it's not even the right thing to do, first and foremost. but is it a trophy that the republicans want? is that the trophy they want in order to do what is right to raise the rates for the wealthiest people in our country? >> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here w
. this is the pursuit of perfection. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >> welcome back. a cabinet shake-up. new reports that president obama is closer to naming new members among the decisions, is who will replace secretary of state hillary clinton. will it be u.n. ambassador susan rice or john kerry? >> well, for d
, on reforming those systems to save medicare and medicaid, social security, cutting defense, reforming the taxes, then do not meet -- if he doesn't want to meet halfway, but i've got to tell you, i am heartened with what i saw in the president's tone yesterday. i loved hearing him tell a group of americans yesterday, hey, we're going to get this thing done. i feel good about it. i love that he agreed to sit down with john boehner one on one. richard, you've done negotiations on all levels. i really liked the tone the president was sending. and by the way, i felt like charles krauthammer did a couple of days ago. because the president seemed to be saying -- and you've said it, too, along with geithner -- we won. the other side's going to cave. the president's changing his tone, and i think that is great not only for the american people, i think it's great for the president. >> i think you're right. there's a sense that people have once again remembered the basic rule of negotiation. in a funny sort of way, you've got to help the guy you're negotiating with because you need a partner to succeed. y
programs like social security and medicare. one thing mike talked about the fact we haven't heard much from any of these guys the last few days. i think it's a relatively good sign. we know the president and john boehner have talked but they won't say what about. it's like a code of silence has descended on the white house. the fact we're not hearing much about what's being said is probably a good sign. >> you mentioned some entitlement reforms and social security. a lot of the democrats that i've had on this program have said social security is not on the table at all. means testing, medicare, something entirely different. are you hearing that social security might be something that's also included in the fiscal cliff deal? >> well, i'm hearing the democrats want to block that. they don't want the social security part of the deal. but the republicans are kind of insisting on it. that puts the white house in kind of a difficult position. that's one of the many issues holding up this deal right now. >> the political leverage in all of this, of course, some head pulling, indicating republican
together has never worked so well. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> as promised, we wanted to get you back to egypt. we have been reporting on the deadly clashes in cairo. thousands of supporters are pushing these an
that mean for medicare? break it down in terms of where these savings come from. >> i wish i could. what we don't have here is a lot of detail hanging off this christmas tree at this point. we're looking at a couple of bullet points being released now in terms of the scale of the deal. it gives us overall broad numbers. presumably negotiators would have to go in and fill in details of how they're get that kind of savings. there have been a lot of proposals on health of finding billions of dollars of savings by reducing overhead and other things like that. you've seen the unions come out and say they don't want to see any changes at all that would hurt payoffs to beneficiaries in terms of health care. that would be one of the sticking points between republicans and democrats. we would have to see more detail from boehner's office and how they plan to get to the number of $600 billion. >> broadly speaking, these numbers are similar to where they left it on the table last year during those failed negotiations for the grand bargain. these numbers are similar to the simpson/bowles reduction plan
. the clear choice. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> welcome back to "the ed show." president obama has put house speaker john boehner and republicans in a box on fiscal cliff negotiations. and the evidence is mounting. president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people w
for medicare beneficiaries. >> schieffer: why did you choose to basically say "we're going to stop letting congress have the ability to raise the debt ceiling." >> we are not prepared to let the threat of default on america's credit, the savings of americans, the investments of americans be held00 to the political agenda of a group of people in congress over time. as you saw last august, that was very damaging to the american people. it's not the responsible way it govern. >> schieffer: are you betting eventually the republicans will cave on the taxes? >> there's no-- there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> schieffer: you're saying you can't do it just by eliminating deductions and other-- >> very good question. you know, we've taken a careful look at this, and we think we should limit deduction but if you look carefully at how to do this, there is no way to raise a meaningful amount of revenue, relative to the sights of our fiscal challenges, by just limiting deductions for wealthy americans.
. there's a big breakfast... of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> and now, time to take a look at what made it to the top of our "instant index" tonight. starting with a video, showing something that dogs can be trained to do, we didn't know they could. that is a dog behind the wheel of a car. a new zealand animal rescue organization taught three rescue dogs to steer a car, use a rigged brake and even shift gears. it's just a practice car and they use doggy treats to reward them for each new move they mastered. to highlight the unexpected possibility in rescue dogs and promote their adoption. >>> and here's a picture in the news. a silent night from space. look. nasa released brand new images, the continents lit up, asia a
to do $400 billion in medicare and other entitlement savings. >> that's true. and they've also said that they're willing to be flexible beyond that. they won't talk about the numbers with us and the press and public. we know they won't negotiate the public. i asked them, will you go beyond -- essentially, will you go beyond that? they said, yes, we're open to negotiating. the bottom line is they indicated that they are willing to do more than that. that they're willing to open up what they were talking about during the debt talks. it comes to changing eligibility ages for some of these entit entitlement programs, raising -- changing the caps -- indexing for inflation, et cetera. they'll do it. but they want to start talking numbers with republicans. so, yes, they're willing to do more cuts. but they want the republicans to agree on revenue first. and they're emphatic that republicans aren't willing to talk about the revenue and so they can't start the negotiations. and this all for this week, but these numbers they came out with this week were an effort to try to prod some sort of s
at revamping medicare, medicaid, and social security. >> i'm serious about revenue. you can limit deductions to $40,000 or $50,000 a person, which takes care of the middle class. upper-middle income americans will lose their deductions, but i'll only do that if we do entitlement reform, and the president's plan is quite frankly a joke. >> as the country inches closer to the fiscal cliff, is there a way to avoid falling over it? joining me live from los angeles, democratic congresswoman maxine waters. congresswoman, always a pleasure to see you. >> hello, how are you? >> tim geithner saying today the administration would deal with social security at a later date. are democrats serious about entitlement reform? >> no, democrats are not furious, except we understand and will insist that social security and medicare not be on the table at all. the president has presented a credible proposal on both taxes and spending, and he did offer up $400 billion in discretionary spending cuts. so, in addition to the $1.6 trillion that we're insisting on in eliminating or allowing the tax cuts for the riches
that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the tax hikes for the wealthy expired. and republicans have been pushing back on that -- tax breaks rather for the wealthy expired and republicans have been pushing back on that, say they go believe that will be harmful for the economic recovery because wealthy americans are the ones who are creating the jobs and helping to turn this economy around. that remains the big sticking point. those bush era tax cuts, whi
's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very different than what's on the table there. $1.6 trillion in new taxes. that is two times the amount in the boehner plan, and also, of course, includes increasing those income tax rates for the wealthy. $400 billion to medicare and other entitlements, that's $ 00 billion less than in the speaker's counteroffer and this would force congress to give up its debt limit vote which is a nonstarter for house republicans. the white house saying that boehner counteroffer is nothing new, that it lacks specifics. but i will tell you, zoraida, that one house democratic aid telling cnn that it passed the laugh test. so certainly i guess it could have been worse in some estimations by democrats. >> i suspect some people were laughing. brianna keilar live at the white house for us, thank you. in the next half hour, we'll talk about the prospect for a fiscal cliff deal with california's democratic congressman xavier becerra. >>> the rain and flood
i'm willing to do stuff on entitlements. there's talk about raising medicare age, the social security cost of living adjustment, but boehner is just stuck in this corner on rates. >> hey, mike barnicle, we're talking about the president right now because a lot of us believe, you know, that's where the buck stops, and that's where you get the negotiations going. we don't want to overlook, though, a new "washington post"/pew research poll that shows americans are blaming the problems of these negotiations on republicans. 53% are blaming congressional republicans. 27% are blaming barack obama. 12% are blaming both equally republicans are shouldering the blame by a 2-1 margin. and of those polled, 49% don't expect a deal to be reached by a deadline compared to 40% who do. here we have, again, a serious problem with republican branding. and branding comes from reality. people -- their natural instinct is to blame the republican party when standoffs like this occur. >> i'm surprised the number of 53% is that low. i would think it would be much higher than that. people get their new
in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or specifics about which loopholes will be eliminated, the president immediately rejected the republican proposal. want to know how far apart democrats and republicans are? listen to this. >> i think we're going over the cliff. >> it's unfortunate the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of negotiation is roll over and do what i ask. >> it's clear to me they made a political calculation. if their ideas are different from ours, we can't guess what they are. >> they need to be more specific. >> some specificity from them. >> he can't be serious. >> haven't even begun to be serious. >> we need to get serious. >> i don't think they're serious. >> i would say we're nowhere. period. we're nowhere. >> hard to disagree with that. we're nowhere. period. >> the cliff is grim, and no one is making new year's eve plans because everyone thinks this will be a real clinch
rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind at some point maybe next year e. ta da! a fair and balanced middle ground. >> unfortunately, the speaker's proposal right now is still out of balance. >> yes. balance. here's the amazing part, though. after congressional republicans released their plan yesterday, which gives them everything they want and promises democrats that they might get something undefined that they might want maybe some time in the future. we'll talk about it later. after they put forth that sweet deal, this was the reaction from the beltway's conservative class. this is genius. sad ly, this plan leaves conservatives wanting.
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to the president saying he can live with means testing medicare. he said he doesn't like it, but he can live with it. that's high on the list of things that leader macomedy has said he's got to have to have a deal. and even nancy pelosi has said, look, this is not about rates. it's about revenue. it's about getting the money we need in order to reduce these deficits. so you've got to have spending cuts and you've got to have some revenue to get this done. >> schieffer: let me ask senator simpson. the "new york times" crunched numbers for the tax inn creases for the wealthy and determined even if the rates go back up to the clinton-era rates it would only give us about a quarter of the needed revenue. so what other things can be done? what other taxes have to be raised or where do you get the money to get us to where we need to be? >> well, you go into the tax code, as i say but it's going to take too much time to do that. but there is no possibility to do this, not a single economist who talked to us in our hearings, said we can't grow our way out of this thing if we had double-digit growth
-- the spending cuts on medicare. why don't we allow them to negotiate medicare and to reduce the cost of medicine? that should save you a lot of money yearly. i agree totally about the republicans and democrats spending money stupidly just before the election. both sides voted to refurbish something like 170 army tanks that the army said they'd do not need. they went and voted to repair those tanks. why are we wasting our money? democrats want to cut taxes. host: armstrong williams? guest: we haven't gotten to affordable care and medicare and medicaid. if affordable care was administered correctly and if he did not have the special interest groups and if tort reform was not included, package you move forward in making health care work for anyone if you do not bring tort reform to the table? the medical malpractice lawsuits are out of control where doctors are paranoid and have to think twice before going through these procedures. it becomes a nightmare for doctors. there are too many hands in the pot. the mentality in washington is that everybody has to get paid so they can be compensated. when a
at the army of aarp representatives that ensure that programs like medicare and social security, programs that take up something like 50% of our federal budget will remain intact and won't be subjected to the necessary reform to last for young people to ever reach them. the problem is that young people don't think life goes on after the age of 30. if you're on twitter and facebook, that's a long way away. why are you worried about entitlements? >> the funny thing is that president obama is using social media to do the exact same thing. for example, he will visit a virginia middle class family today. they were part of his twitter verse. that's why he chose them. he must think that talking to average americans might force republicans to change their minds about raising taxes on the wealthiest americans. >> well, if the most recent election is any indication, president obama is dead on right. he was -- he and his team were masters at social media in getting elected. and using social media to spread his message in nontraditional ways, ways that will be traditional in every election going forw
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who want to cut medicare and social security, which is deeply unpopular. they don't want that on tape. they said to obama well, we don't want to make those cuts that are clear here because it would be counterproductive. you see what i'm saying, the republicans don't want to do that. >> both parties don't--to me, i don't believe want to do much of anything. how many people out there in america so many people watching the show actually know what they're talking b because we don't believe that they know what they're talking about. >> cenk: i think in the end--don't worry judah, i think you'll get the deal that you like a lot. >> as a conservative, and i just want to say this, i'm one of those more newer conservatives in the sense that i'm the person without a party right now. because i don't necessarily agree with everything that they're doing. but i don't necessarily agree with what the other side is doing, either. >> cenk: you and me, both, brother. and there are things that i disagree with the democrats on. so tell me why you consider yourself a conservative. in the grand bargain obam
and for interest on a mortgage. you know, on medicare, start making more means testing for medicare premiums. right now, 95% of people get a 75% subsidy for their premium, irrespective of income and wealth. start having more means tested premiums for people above a certain level. there's a way to bridge this to a grand bargain. they need to get to work. >> david gergen, david walker, just gave you at least a short term path. but, but to get that short term path at least in the short term, sounds like the president would have to give up that trophy, the higher rates in the short term. you've advised four presidents, democrats and republicans. do you think this president is ready to do that? >> i'm not so sure, john. i have to tell you that over the last two years, i think it was the republicans who showed an arrogance, a resistance to sort of reasonable compromise, but since this election, there have been -- i think the democrats are the ones who are really trying to rub it in and almost humiliate the republicans, and that's not going to get to a bargain. again, i think it has to be win-win. david w
on issues like raising the eligibility age, the colas for social security, means testing, medicare for more influence -- affluent recipients >> first let me just say that we would support absolutely a balanced approach. it's important to point out as senator warner did that we have done over a trillion dollars in cuts over the next 10 years which the president is committed to keeping. with respect to medicare, we do have a very different approach. there's no doubt we have to bring down the health care costs growth. the differences we believe we should expand on the kind of reforms that we need in the affordable care acts. where we see $716 billion in savings, not simply across-the-board but by changing the incentive structure, the way we pay providers so we focus on the value of care rather than the volume of care. i do think it's ironic that we have gone in the last four weeks with many of our republican colleagues criticizing the president for having done too much savings on medicare, $716 billion am in their presidential candidate propose putting that money back and. in other words addin
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